Target raises minimum wage to $11 an hour, $15 by 2020

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(CNN)-- Target workers earning minimum wage can expect to see raises in their paychecks.

The retail giant said they will increase the minimum hourly wage to $11 an hour starting next month. The increase affects target workers nationwide, including more than 100,000 temporary workers being hired for the holiday season.

In addition, Target said plans to set a minimum wage of $15 an hour by the end of 2020. The moves are part of efforts to recruit and retain employees and provide better service to customers and communities.

More than 300,000 employees work for Target, both at stores and distribution centers.